11:59 AM ET Hazel Southwell Audi was one of the founding factories in Formula E, but shuttered its program after last season. Audi Communications Motorsport / Michael Kunkel Formula E hasn’t always had technology on its side. Or calendars, or manufacturers or the general goodwill of the motorsport community. But it has always had a way
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Panasonic Holdings Corp. is planning to invest several billion dollars in a factory in Kansas to supply a new high-capacity battery for Tesla Inc.‘s electric vehicles, Nikkei reported on Wednesday. The Japanese conglomerate aims to triple or quadruple EV battery production capacity by fiscal 2028 from the current level of roughly 50 gigawatt-hours per year,
In this article A4N1-FF Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle maker Polestar said Wednesday that it still expects to deliver 50,000 vehicles in 2022, in line with its earlier guidance,
6:59 AM ET SPIELBERG, Austria — Even when things are going well for Charles Leclerc, there always seems to be a negative waiting just around the corner. Ferrari had the pace to secure a one-two victory in Austria that had the potential to slash at least 10 points from Max Verstappen’s championship lead over Leclerc.
Shares of Tianqi Lithium slumped about 10% in their Hong Kong market debut Wednesday, after the Chinese company raised about $1.7 billion in the city’s biggest listing so far this year. The stock traded at around 74.50 Hong Kong dollars ($9.49), lower than the offer price of HK$82 ($10.45) a share. It slipped to as
EV maker Rivian Automotive Inc. plans to brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, CEO RJ Scaringe said in an email sent to employees on Monday evening. The company has struggled this year to ramp up production at its plant in Normal, Ill.,
4:48 PM ET Associated Press Colton Herta took his biggest leap yet in his attempt to return an American to a seat in Formula One when the 22-year-old IndyCar driver finished two days of testing with McLaren on Tuesday over the Portuguese circuit at Portminao. Herta spent much of the Day 1 getting up to
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Electric vehicle startup Lordstown Motors said Tuesday that its president, Edward Hightower, will be its new CEO, effective immediately. He succeeds Daniel Ninivaggi, who moves into a strategic role as the company’s executive chairman.
WASHINGTON — The nation’s top auto safety regulator has rejected a proposal that would have allowed automakers to install several driver-selectable pedestrian alert sounds in each of their hybrid and electric vehicles. The 2019 proposal would have allowed automakers to install “any number of compliant sounds” on each hybrid and electric make, model, body style
President Donald Trump talks with Tesla and SpaceX CEO Elon Musk at Trump Tower last February. Evan Vucci | AP Tesla and SpaceX CEO Elon Musk said Monday that he thinks former President Donald Trump should, “hang up his hat & sail into the sunset.” Writing on Twitter, where Musk has more than 100 million
Elon Musk on Monday mocked Twitter Inc.’s threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was the Tesla Inc. CEO’s first public response since he made public
5:38 PM ET Carlos Sainz went from first time Formula One winner to non-finisher in the space of a week on Sunday after his Ferrari engine blew just as he was set for second-place at the Austrian Grand Prix. Sainz said he was unhappy with the speed of the rescue vehicles as his car burst
The rising popularity of Zelle, Venmo and other digital payment platforms has leaders at some large dealership groups asking: Why not try using such technology to pay consumers for their used cars and trucks? Zelle is being used at some of the nation’s largest dealership groups. AutoNation Inc., Group 1 Automotive Inc. and Penske Automotive
When Jaguar-Land Rover Norwood in Massachusetts was undergoing a facility upgrade for the British luxury automaker’s sleeker, more modern Arch concept, the store’s nearly 20 salespeople and managers were crammed into two trailers at the bottom of a hill. Given the disruption during the store’s face-lift — which took place from December 2019 through June
2:46 PM ET SPIELBERG, Austria — Mercedes boss Toto Wolff believes life bans should be handed out to “brainless” abusive fans after a number of incidents among attendees at the Red Bull Ring overshadowed the Austrian Grand Prix. Multiple accounts of homophobic, racist or sexist abuse were shared on social media by fans in the
The freshened 2022 Jeep Compass, enhanced with a redesigned interior and a new infotainment system, made its debut last July by ascending a hill on the brand’s obstacle course at the Chicago Auto Show. A year later, it’s still climbing. After the compact crossover battled through slowed production in 2021, U.S. sales are picking up.
In this article F Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was named the Top Car in the Automobile Association of America (AAA) Car Guide in May. Car and Driver
ATLANTA — Acura, striving to return to 200,000 annual U.S. sales, is counting on a new crop of younger and racially and culturally diverse customers to help it meet that goal. To reach those potential buyers, Honda’s premium brand has turned to pop culture platforms such as music and anime. The strategy coincides with the